Pushpendra is a hard-working man from Jhansi, Uttar Pradesh. He has been in construction work for over ten years. Pushpendra now wishes to expand his company by purchasing a construction machine and investing in his business. With this loan, he will be able to expand his business and better provide for his family. Invest in Pushpendra as he wishes to earn better to lead a quality life!
Pushpendra is a service entrepreneur who works 10 hours a day for 7 days a week. With this loan Pushpendra will potentially obtain employment for 455 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges.
Investee
pays
8.00% flat p.a.
14.40% APR
Social
Investor
3.20%
5.76% APR
Impact
Partner
up to 3.20%
5.76% APR
Platform
charges
1.60%
2.88% APR
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 50,000
Loan
tenure
12 months
Moratorium
None
Repayment
mode
EMI
Investee
occupation
Construction
Established in
1995
With Rang De from
2021
Founded by
Dr.Ashok Khosla
Indian Micro Enterprises Development Foundation (IMEDF) is a social enterprise promoted by Development Alternatives Group with a vision to promote inclusive growth and inspire environmental sustainability through development of micro - enterprises.
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